Most active topics
Latest topics
SPECTRE Disrupts Financial Trading With the Removal of Brokers
Page 1 of 1 • Share
SPECTRE Disrupts Financial Trading With the Removal of Brokers
Cookeville, TN-The traditional belief within the financial market is that brokers are an integral aspect of it. They arrange sales between trader and stock seller for a small commission. That commission was their due for filling a role that only they could fulfill.
The ethical issues that arose from this system, though known to traders, were an unavoidable risk that had to be taken. Traders had no way to fulfill the role of a broker effectively unless they wished to take on both roles at once. This, coupled with the power of the broker, prevented the broker's place in the financial trading system to remain undisrupted for nearly the entirety of financial trading history.
SPECTRE, the shortened form of Speculative Tokenized Trading Exchange, is an innovative platform that has disrupted this facet of the financial market. SPECTRE is built upon Ethereum blockchain technology. This is important as it allows traders to use crypto wallets, rather than an account controlled by a broker, to invest. Ethereum takes the place of the broker and automates all the processes associated with the role. Brokers, in the traditional model, make profits off of the loss of traders; the Ethereum technology makes no such profit from the deposit of funds from cryptocurrencies into SPECTRE’s liquidity pool. This reduces the motivation and core reasons that broker fraud occurs within the financial market. The broker, within SPECTRE’s business model, is no longer necessary.
https://coinidol.com/spectre-disrupts-financial-trading-with-removal-of-brokers/
The ethical issues that arose from this system, though known to traders, were an unavoidable risk that had to be taken. Traders had no way to fulfill the role of a broker effectively unless they wished to take on both roles at once. This, coupled with the power of the broker, prevented the broker's place in the financial trading system to remain undisrupted for nearly the entirety of financial trading history.
SPECTRE, the shortened form of Speculative Tokenized Trading Exchange, is an innovative platform that has disrupted this facet of the financial market. SPECTRE is built upon Ethereum blockchain technology. This is important as it allows traders to use crypto wallets, rather than an account controlled by a broker, to invest. Ethereum takes the place of the broker and automates all the processes associated with the role. Brokers, in the traditional model, make profits off of the loss of traders; the Ethereum technology makes no such profit from the deposit of funds from cryptocurrencies into SPECTRE’s liquidity pool. This reduces the motivation and core reasons that broker fraud occurs within the financial market. The broker, within SPECTRE’s business model, is no longer necessary.
https://coinidol.com/spectre-disrupts-financial-trading-with-removal-of-brokers/
Vladdirescu- Posts : 721
Reputation : 1
Join date : 2017-04-21
Similar topics
» The Largest Energy Trading Giants including Gazprom, Vattenfall, Eni Trading & Shipping and Others Are Going to Use Blockchain Technology For Energy Trading
» Spectre Eliminates Fraud With First Broker-less Platform
» Spectre: Eliminating Fraud with Decentralized Liquidity Pool
» Kazakhstan to Ban Trading Bitcoin as Well as Other Cryptocurrencies
» How to Make Up to $5,000 a Month Trading Crypto
» Spectre Eliminates Fraud With First Broker-less Platform
» Spectre: Eliminating Fraud with Decentralized Liquidity Pool
» Kazakhstan to Ban Trading Bitcoin as Well as Other Cryptocurrencies
» How to Make Up to $5,000 a Month Trading Crypto
Page 1 of 1
Permissions in this forum:
You cannot reply to topics in this forum
Thu Nov 29, 2018 4:02 pm by Vladdirescu
» Smart Valor — The Future of Global Investments
Tue Nov 13, 2018 6:06 pm by Vladdirescu
» Jur — Resolving Legal Disputes with the Help of Smart Contracts
Tue Oct 30, 2018 7:08 pm by Vladdirescu
» CDRX — Blockchain Technology in the Traditional Securities Market
Thu Oct 18, 2018 3:48 pm by Vladdirescu
» NoahCoin as a Key to Borderless Facilities of Noah Project
Thu Oct 11, 2018 4:39 pm by Vladdirescu
» Iconiq Lab — New ICO Accelerator and Decentralized Investment Fund
Wed Oct 03, 2018 8:34 pm by Vladdirescu
» Raincheck — Global Bonus System and Loyalty Program on the Stellar Blockchain
Thu Sep 13, 2018 6:09 pm by Vladdirescu
» Clintex (Clinical Trials Intelligence) — Alternative Treatment of the Future
Mon Aug 27, 2018 12:47 am by Vladdirescu
» Mobu ICO— The Future of Security Tokenization
Thu Aug 16, 2018 1:26 am by Vladdirescu
» Codex Protocol — Blockchain-based Title Registry of Art and Collectibles
Wed Jul 11, 2018 6:32 pm by Vladdirescu
» INGOT Coin Develops An All-Inclusive Ecosystem to Bridge Markets, Revives Lost Demand
Tue Jul 10, 2018 6:50 pm by Vladdirescu
» Japan Has Announced New Five-Point Regulations for Cryptocurrency Exchanges
Tue Jul 10, 2018 3:16 am by Vladdirescu
» Trivver — Blockchain-Based Extended Reality Ad Exchange
Sat Jun 30, 2018 5:38 pm by Vladdirescu
» OEL Foundation — Unified Logistics Blockchain Infrastructure
Mon Jun 25, 2018 10:20 pm by Vladdirescu
» Quadrant Protocol — Data Ecosystem With Authenticity And Provenance
Sat Jun 09, 2018 6:59 pm by Vladdirescu
» Pumapay Brings Crypto Payments into Daily Life, Raises $117 mln in Private Token Sale
Mon Jun 04, 2018 6:47 pm by Vladdirescu
» FlipNpik — Social Media for Local and Small Businesses based on XLM
Thu May 24, 2018 3:34 pm by Vladdirescu
» Japanese Bank MUFG Is Planning to Issue a Trial of Its Own Digital Currency
Thu May 17, 2018 11:40 pm by Vladdirescu
» Blockchain Enters Poland’s Financial Market, Namely the Credit Office
Thu May 17, 2018 10:55 pm by Vladdirescu
» HSBC Claims it Performed the World’s First Trade Transaction via Blockchain
Thu May 17, 2018 10:26 pm by Vladdirescu